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Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
CPO prices to consolidate at RM4,000 to RM4,300
CHINA, P.R : 1ST BATCH PALM OIL IMPORT QUOTAS FO
Chinese trade sources reported that the Government had issued its firstbatch of palm oil import quotas for 2001 amounting to 600,000 tonnes on Tuesday (16/1/2001).
NIGERIA SEEKS MALAYSIAN AGRICULTURAL SECTOR'S HELP
The Nigerian Regional Government was seeking a partnership deal withMalaysian to help bolster its agricultural sector.
PHILIPPINE 2001 COCONUT OIL OUTPUT SEEN HIGHER
According to the United Coconut Association of the Philippines Inc.(UCAP), the country's coconut oil output in 2001 will probably rise by 4.4% to 2.59 million tonnes in copra terms from the estimated 2.48 milliontonnes in 2000.
Spike in production cost leads to rise in prices
Its president Tan Chee Hee said the prices of raw materials such as corn and soybeans had increased between 50% and 80%.